Britain’s housing market is broken and in need of fixing, says PM Theresa May. Good news, then, that the sector is facing an “Uber moment”, says Simon Wilson.
Britain's house price bubble
UK house prices have been falling for three months now. John Stepek explains why, and whether this is a healthy adjustment, or the start of a crash.
We could soon see an inflation-driven correction in the housing market. That won’t make anyone particularly happy. But it might be the least damaging solution to the house price bubble.
With a two-year fixed mortgage – the most popular term – you could be shopping for a new mortgage just as the UK leaves the EU. It could be worth fixing your payments for longer, says Ruth Jackson.
Commercial property investors are getting increasingly worried about the market – just as local councils pile in. It’s a recipe for disaster, says John Stepek.
A property crash always unfolds in similar ways: credit runs dry, a priced-out majority stymies demand, confidence falters. Sound familiar? Then prepare for the bear, says Jonathan Compton.
In September, Dominic Frisby picked what he saw as the five worst investments you could make. Today he checks on his “dumb” investments to see how they have done.
The growth in house prices is slowing. That could be temporary. But there are two big vulnerabilities in the housing market that point to a significant slowdown, says John Stepek.
There’s a problem in London’s high-end property market – people just aren’t as keen on luxury property as they were a year ago.
Property developers are selling more and more new houses on a leasehold basis. It’s a terrible deal for homeowners, says Merryn Somerset Webb.
For anyone investing in or building property today, Birmingham is clearly a better place to be doing it than London, says Merryn Somerset Webb.